May 24, 2012 11:51 AM

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Sensex surges 140 pts in noon trade

The BSE benchmark Sensex moved 140 points up in late morning trade amid buying by funds and retail investors at prevailing levels. The rise comes following continous slide of rupee against the dollar for the seventh day in a row. The 30- share barometer, which rose 84 points in its opening session, gained 140 points to 16,087.In a similar fashion, the wide-based National Stock Exchange index Nifty also gained 37 points to 4,872.

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